This mixed use investment is situated overlooking the Toronto Marina on Lake Macquarie. This property has been in the same family for many decades and is now being sold as a Deceased Estate. It contains:

Chinese Takeaway (who wants to extend their lease)
Cafe Coffee Shop currently on a (3 year lease + 3 year option)
Residential (3-bedroom) flat upstairs
Rear access and parking
Further development potential
Net Rent: $73,309 per annum

This is one of those investments where others would be envious to have in their Portfolio as it sits overlooking beautiful Lake Macquarie, has a mixture of both retail and residential tenancy and consists of a well-built brick building.